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Dec 5, 2012
12/12
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CNBC
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i think this may be keeping with the idea that citi is an international company. don't need as much stuff here. maybe. >> to the extent financial services are being commotitized. reflective of changes going on overall at financial services as you get out of markets that are so transparent now that you can't make the margin that you once again. therefore you have to focus on the cost size. >> i don't think people understand how much money they used to make. in a transaction you could hide gross credit. you could say you're buying this at 100 but you are getting to 98. no one is taking two anymore. those were the ways you really made a lot of money if you were a sales trader. >> the bulk of the layoffs is from global consumer banking. >> global consumer. >> they are talking brazil, hong kong -- >> those are growth markets. >> that's fascinating. 35% coming from that. >> and 25% from institutional clients. >> what the heck are they doing? are they retreating? the whole thing was to put everybody there. i guess -- >> it's not a supermarket. they want to be bodega. >>
i think this may be keeping with the idea that citi is an international company. don't need as much stuff here. maybe. >> to the extent financial services are being commotitized. reflective of changes going on overall at financial services as you get out of markets that are so transparent now that you can't make the margin that you once again. therefore you have to focus on the cost size. >> i don't think people understand how much money they used to make. in a transaction you could...
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186
Dec 18, 2012
12/12
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CNBC
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an unproven story. what i like now about this management versus the old management, instead of going out and trying tonight biggest, greatest global story, they are really focusing on internal execution and right-sizing the company. they have needed to do that for a long time. i hope they go for as far as they need to. >> the c-card, this is an event that the fed will either approve or disapprove of the capital plan for these banks. >> yes. >> and you're expecting the fed will approve all these dividends as well as capital -- as well as stock buybacks. >> to a certain degree. the fed will be more comfortable. if sympathy commits to buying shares back and something changes and there's more uncertainty around citi, they can halt their share. they won't have to cut their dividend again, but for bank of america i expect them to do both, increase their dividend and buy shares back. >> i guess i was reading an article recently that the federal reserve had become so involved in decisions about acquisitions, de
an unproven story. what i like now about this management versus the old management, instead of going out and trying tonight biggest, greatest global story, they are really focusing on internal execution and right-sizing the company. they have needed to do that for a long time. i hope they go for as far as they need to. >> the c-card, this is an event that the fed will either approve or disapprove of the capital plan for these banks. >> yes. >> and you're expecting the fed will...
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107
Dec 8, 2012
12/12
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CSPAN2
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the city club will host an roman, president and ceo of the national association to end homelessness. please visit our web site, ski club.org, for information about our upcoming forum or to listen to a podcast of any of our past programs. we'll like to welcome guests from human in humana care, and mutual. thank you for your support. we would like to welcome to today's programs students who are joining us from area high school. student participation is made possible by a generous gift from the chars sparr trust. will the students please stand and be recognize it. [applause] >> now we would like to return to our speaker for our traditional city club question and answer period. we welcome questions from everyone, including guests, holding the microphone today is program directer kerry miller, may we have our first question, please. >> mr. broussard, you talked about the complexities facing the average american patient, the american medical system, certainly are complex. with the new insurance exchanges coming in the next year or so that will certainly not make it more complex. my questio
the city club will host an roman, president and ceo of the national association to end homelessness. please visit our web site, ski club.org, for information about our upcoming forum or to listen to a podcast of any of our past programs. we'll like to welcome guests from human in humana care, and mutual. thank you for your support. we would like to welcome to today's programs students who are joining us from area high school. student participation is made possible by a generous gift from the...
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122
Dec 9, 2012
12/12
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WTTG
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against former international monetary fund chief dominique strauss-kahn. the former ims chief's lawyer saying the two sides should resolve the case. tuesday, giving back to military families. michelle obama will visit a dc military base to deliver toys and gifts to the marine corps toys for tots campaign. wednesday, the pope turns to social media. pope benedict xvi recently launched his own twitter page, and starting wednesday, the pope himself will begin to tweet. he'll respond to questions put to him about faith and belief by twitter users, asking the ask pontiff hashtag. thursday, violent protests against the new charter continue in egypt, mohammed morsi warns once it is passed, there should be no obstacle and everyone must follow its will. that's a look at the week ahead. fox news. >>> they promise their fourth fight would end in a knockout. mission accomplished for mannie pacquiao and juan marques. >> and we'll also have the recipe for a skins win, coming up. >> hopefully they don't need the sunshine to win, melanie, because we can't give it to them t
against former international monetary fund chief dominique strauss-kahn. the former ims chief's lawyer saying the two sides should resolve the case. tuesday, giving back to military families. michelle obama will visit a dc military base to deliver toys and gifts to the marine corps toys for tots campaign. wednesday, the pope turns to social media. pope benedict xvi recently launched his own twitter page, and starting wednesday, the pope himself will begin to tweet. he'll respond to questions...
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352
Dec 3, 2012
12/12
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CNNW
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and as our senior international correspondent arwa damon explains, the city's combat zones are expanding each and every day. >> reporter: they are home again, but they are cold and broke and still in danger. about a third of the families who fled the neighborhood of aleppo have come back. only to find out that these streets are now on the front line lines. if the regime can retake the city, it can cut off the main artery for opposition forces in aleppo and reopen a route to the airport. on a nearby hill top, the neighborhood, the rebels used to control that as well, but lost it a month ago. the battle lines here are constantly fluid. and snipers are a constant threat. the front line is visible just through here. and we can barely make out three bodies. the rebel fighters are telling us that there are two male and one female. there were five. they managed to extract two, but they can't reach the others. for the children here, gunfire has become background noise. this 12-year-old hardly notices. she says she's not afraid anymore. to start with, little hala is also chatty. but then gets sca
and as our senior international correspondent arwa damon explains, the city's combat zones are expanding each and every day. >> reporter: they are home again, but they are cold and broke and still in danger. about a third of the families who fled the neighborhood of aleppo have come back. only to find out that these streets are now on the front line lines. if the regime can retake the city, it can cut off the main artery for opposition forces in aleppo and reopen a route to the airport....